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Twitter stock rockets after Elon Musk’s investitions


四月, 04 2022
watermark Economic news

According to information from the US Securities Commission website, businessman Elon Musk acquired a 9.2% stake in the social network Twitter. On the back of this news, the company's shares jumped 26%.


The CEO of SpaceX and Tesla now owns nearly 73.5 million Twitter shares. The value of the block of shares is $2.89 billion, based on the share price on the stock exchange on April 1 – $49.40 per share.


A little earlier, Elon Musk conducted a survey among Twitter users, according to the results of which about 70% of respondents (a total of 2 million users voted) are sure that this social network does not adhere to the principles of freedom of speech. At the same time, Musk wrote that he was thinking about creating his own platform.


Media reports that the fact that Musk became a shareholder of the platform will be another serious test for the new CEO of Twitter, Parag Agrawal. Agrawal succeeded company founder Jack Dorsey, who stepped down in November.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。